Report
Matthew Read

Focus on companies with strong capital discipline

”‹MCP’s manager believes that, despite the region’s strong GDP growth, high demand for exposure to the Asian growth story has, over the last 30 years, has led to a glut of capital. As capital has been readily available, companies have not been disciplined in its use. This has led to both overcapacity and an unhealthy tendency towards dilution (i.e. raising additional equity capital thereby diluting the returns of existing investors); thus the benefits of GDP growth have not translated into stock market growth.

Underlying
Martin Currie Asia Unconstrained Trust

Martin Currie Asia Unconstrained Trust, as an investment trust, is a U.K. closed end public limited company which invests in a portfolio of assets.

Provider
QuotedData Retail
QuotedData Retail

​QuotedData you with provides access to research on Investment Companies, Investment Trusts and Mining companies. Our aim is to provide you all the information you might need to make your own investment decisions. We cannot offer you advice on your investments. 

Analysts
Matthew Read

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